mock test socioeconomic awareness

1. Rural Infrastructure Development Fund is operated
by?
(A) ASEAN (B) SCBs
(C) NABARD (D) SEBI
(E) IRDP
2. The market in which long term securities such as
stocks and bonds are bought and sold is commonly
known as?
(A) Commodities Exchange (B) Capital Market
(C) Bull Market (D) Bullion Market
(E) None of these
3. Kosi flood affected areas get $220-million credit to
support its rebuilding. This amount shells out by
.......?
(A) World Bank (B) ADB
(C) G-8 (D) AFD
(E) IMF
4. All economic transactions of India with the outside
world in a year will be known as?
(A) Balance of Payments
(B) Balance of Trade
(C) Foreign Trade Balance Sheet
(D) Economic Equilibrium
(E) Balance Sheet
5. Oman has agreed to invest 3 billion dollars in India
to revive the closed and defunct industries of?
(A) Plastic (B) Steel
(C) Sugar (D) IT
(E) Fertilizers
6. Which is a trading of shares in electronic or
dematerialized form.
(A) Current (B) Online
(C) Electronic (D) Demat
(E) Vending
7. If you see a big hoarding at a prominent public place,
the punch line of which says ‘We All Were Born
Free’; ‘We All Have Equal Rights’, in all probability,
the hoarding is put up by—
(A) National Commission for Farmers
(B) National Human Rights Commission
(C) Directorate of Income Tax

(D) Ministry of Foreign Affairs
(E) Union Public Service Commission
8. GAFTA means?
(A) Great Air Free Trade Area
(B) Greater Arab Free Trade Area
(C) Great African Free Trade Agreement
(D) Great Asia Free Trade Area
(E) Great American Free Trade Annexe
9. How many carbon credit accredited centers across
India with a funding of Rs 15 lakhs as a centre grant?
(A) 14 (B) 20
(C) 16 (D) 100
(E) 63
10. Which one of the following companies is the largest
producer of natural gas in the country ?
(A) ONGC (B) OIL
(C) Cairn India (D) RIL
(E) None of these
11. Under new WPI series, inflation slips to .......... in
August 2010?
(A) 8.5 % (B) 7.75 %
(C) 6.0% (D) 9.0 %
(E) 10%
12. As per the data of ‘World Gold Council’ in the last
decade the gold prices appreciated by …… %?
(A) 400 (B) 10
(C) 100 (D) 150
(E) 200
13. Deposit Insurance and Credit Guarantee
Corporation (DICGC) insures the deposits of the
bank customers up to 1 lakh. DICGC is the wholly
owned subsidiary of?
(A) SBI (B) NABARD
(C) Union Government (D) RBI
(E) IDBI
14. The organization of the South East Asian countries
is known as—
(A) OPEC (B) ASEAN
(C) NATO (D) UNCTAD
(E) SAARC

15. Which of the following issues cannot come under
the purview of the functioning of the Human Rights
Commission of a country ?
(A) Racial Discrimination (B) Treatment to
Prisoners of War
(C) Human Trafficking (D) Child Abuse
(E) Climate Migration
16. Recently how many Indian companies have been
debarred by World Bank due to indulgence in
fraudulent practices?
(A) 11 (B) 12
(C) 3 (D) 9
(E) 8
17. Former governor of RBI heads the committee
constituted by SEBI to review of the ownership and
governance structure of the stock exchanges of
India .He is?
(A) Bimal Jalan (B) C.Ranga Rajan
(C) Y.V.Reddy (D) C.S.Bhave
(E) R.Panduranga
18. Which of the following countries has conferred the
honour of ‘Legion d’ honneur’ on Bharat Ratna Lata
Mangeshkar ?
(A) Germany (B) Norway
(C) Japan (D) U.K.
(E) France
19. The Index of Industrial Production (IIP) is compiled
and released by which of the following
organizations/ agencies?
(A) Registrar of Companies
(B) Confederation of Indian Industries
(C) Bombay Stock Exchange
(D) Reserve Bank of India
(E) Central Statistical Organisation
20. Which of the following organisations maintains the
Rural Infrastructure Development Fund (RIDF) ?
(A) RBI (B) NABARD
(C) SIDBI (D) LIC
(E) None of these
21. Expand the term NREGA?
(A) National Rural Employment Guarantee Agency
(B) National Rural Electrification Governing Agency
(C) National Rural Employment Guarantee Act
(D) New Rural Employment Guarantee Agency
(E) None of these
22. In a newspaper column, it is read that under DBFOT
policy, the proposal for construction of a Mega
Container Terminal at Chennai Port involving an
investment of Rs. 3,686 crore is agreed by the centre.
DBFOT means
(A) Design, Betterment, Finance, Operate and
Transfer
(B) Drive, Build, Finance, Operate and Trip
(C) Design, Build, Fitting, Option and Transfer
(D) Design, Build, Finance, Operate and Transfer
(E) Drill, Build, Funding, Operations and Total
23. How much fund to facilitate innovations for inclusive
economic growth in India has been proposed by
the recent meeting of National Innovation Council
headed by Sam Pitroda?
(A) $1-billion (B) $400 million
(C) $ 750 million (D) $ 1 trillion
(E) $ 1.5 billion
24. Nowadays we frequently read news items about
‘Derivatives’ as used in the world of finance and
money market. Which of the following statement(s)
correctly describes what a derivative is and how it
affects money/finance markets ?
(1) Derivatives enable individuals and companies
to insure themselves against financial risk.
(2) Derivatives are like fixed deposits in a bank and
are the safest way to invest one’s idle money lying
in a bank.
(3) Derivatives are the financial instruments which
were used in India even during the British Raj.
(A) Only 3 (B) Only 2
(C) Only 1 (D) All 1, 2 and 3
(E) None of these
25. Which country send its second lunar probe Chang'e
II?
(A) India (B) Indonesia
(C) China (D) Japan
(E) North Korea
26. The Rajya Sabha has recently cleared the new poll
bill. Which one of the following amendment(s) is/
are made in this bill. It has proposed?
(A) Increasing the security deposits to more than
double
(B) Restricting the publication of exit polls
(C) Ensuring speedy disposal of electoral disputes
(D) Only (A) and (B)
(E) All (A), (B) and (C)
27. Which one of the following was India’s top
destination for exports during 2010 ?

(A) UAE (B) USA
(C) Russia (D) China
(E) Bangladesh
28. Nation switched over to the cleaner Euro-III and
Euro-IV petrol and diesel on Sep 23, 2010. The
original aim to bring both by the date of?
(A) 1 Nov 2010 (B) 1 Dec 2010
(C) 15 Dec 2010 (D) 1 Oct 2010
(E) 11 Dec 2011
29. How much fund set aside for the recapitalization of
Public Sector Banks in budget 2010-2011?
(A) Rs. 14,000 crore (B) Rs. 10,500 crore
(C) Rs. 16,500 crore (D) Rs. 7,500 crore
(E) Rs. 30,000 crore
30. SBI group open its 20,000 th ATM on 31 Jan 2010
at?
(A) Puduvalai (B) Hyderabad
(C) Pune (D) Barala
(E) Ludhiana
31. Bank related statements are given.
Pick up correct statements?
a) HDFC bank started using of issue of Computer
chip based Debit and Credit cards. Axis bank is the
first bank to issue computer chip based Debit card
on pilot basis
b) Allahabad bank covers 18,000 villages under the
plan of financial inclusion by 2012.
c) Federal Bank was awarded the 'Bank Standard
of Excellence (2010)' for its content rich, innovative
and ease of use corporate Web site.
d) FM received a proposal from SBI to give
permission to raise the cap of RS. 20000 cr
(A) a b c (B) a b c d
(C) b c d (D) a c d
(E) b c
32. Which one of the following will be the first High Court
in India, to implement the concept of ‘ecourts’ ?
(A) Delhi (B) A.P.
(C) Chennai (D) Kolkata
(E) None of these
33. Base rate came in to force from 1st July?
(A) 2007 (B) 2010
(C) 2008 (D) 2009
(E) 2006
34. Amongst the following, which one of the following
sectors provides the highest contribution in
Industrial Production Index ?
(A) Crude Oil
(B) Petro Refinery Products
(C) Electricity
(D) Coal
(E) None of these
35. Which state claims that the tribals in their state will
be displaced due to construction of Polavaram
Project in Andhra Pradesh?
(A) Tamilnadu (B) Karnataka
(C) Orissa (D) Maharastra
(E) Goa
36. Ministry of Minority Affairs selected ........ districts
Multi-sectoral Development Programme.?
(A) Andhra Pradesh (B) Goa
(C) Arunachal Pradesh (D) orissa
(E) Puducherry
37. Many a time we read in the newspapers that RBI
has changed or revised a particular ratio/rate by a
few basis points. What is basis point ?
(A) Ten per cent of one hundredth point
(B) One hundredth of 1%
(C) One hundredth of 10%
(D) Ten per cent of 1000
(E) None of these
38. To call a IT Mega project, it needs the number of
employees should not be less than?
(A) 100 (B) 150
(C) 500 (D) 200
(E) 1000
39. Where Allahabad bank will open its second foreign
branch after its first branch business is satisfactory?
(A) Singapore (B) Australia
(C) Hong Kong (D) China
(E) USA
40. Amongst the following sectors, which sector/
segment has shown the highest per cent growth in
the current fiscal ?
(A) Mining
(B) Manufacturing
(C) Electricity, gas and water supply
(D) Banking and Finance
(E) None of these
41. How many carbon credit-accredited centers will be
established across India with a funding of Rs 15
lakhs as grant by the central government?
(A) 20 (B) 24
(C) 16 (D) 50
(E) 100

42. Generally which among the following is a better
measure of economic development as per
economists?
(A) Jobs (B) National Income
(C) Number of Banks (D) Size of Nation
(E) Money circulation
43. As per the reports published in newspapers, India
purchased around 200 tonnes of gold (almost half
the quantity of gold put up for sale) in Sept. 2009.
India purchased this gold from which of the following
organizations ?
(A) World Bank
(B) Asian Development Bank
(C) International Monetary Fund
(D) International Gold Council
(E) None of these
44. If a large loan over Rs 500 crore given by a group
of lenders to a single borrower, usually it is called
……?
(A) Cluster loan (B) Mass loan
(C) Single loan (D) Syndicated loan
(E) Personal loan
45. World Trade Organisation (WTO)’s ministerial
meeting was organized in which of the following
cities recently ?
(A) Geneva (B) Washington
(C) Paris (D) Port of Spain
(E) None of these
46. Which of the following decisions taken by the RBI
will promote the concept of financial inclusion in the
country ?
(A) To appoint some additional entities as business
correspondents
(B) To collect reasonable service charges from the
customer in a transparent manner for providing the
services.
(C) To ask the banks to open at least 50 new
accounts daily in non serviced areas.
(D) Only (A) and (B)
(E) None of these
47. Pick up incorrect one.
(A) EBB - Efficiently Backward Blocks
(B) FRP - Fair and Remunerative Price
(C) RDSO - Research Designs and Standards
Organization
(D) SAPTA - South Asian Preferential Trade
Agreement
(E) WCCB - Wildlife Crime Control Bureau

48. “Black holes and Baby Universe” written by?
(A) Isac Newton
(B) Stephen Hawking
(C) Einesten
(D) Kurtz Eveanders
(E) C.Subramanian
49. National Voters Day will be …… as per the recent
decision of Election Commission?
(A) January 1 (B) February 14
(C) June 11 (D) January 25
(E) December 20
50. The recent seven day tour of Manmohan Singh
details are given. Pick up wrong statement.
(A)On October 25, 2010 India and Japan decided
to extend their
cooperation to areas such as defence, transport,
industrial corridors
etc during Manmohan visit.
(B)Both India and Japan are having interest to run
the smooth implementation of the Comprehensive
Economic Partnership Agreement (CEPA).
(C)On October 26, 2010 during Indian Prime
Minister visit, India and
Malyaisa made six pacts in the areas of investment,
infrastructure
development, tourism etc. These pacts are made
with the accord for
implementing the Comprehensive Economic
Cooperation Agreement
(CECA) from 1 July, 2011.
(D)In the last leg, Manmohan singh visited Hanoi,
Vietnam to attend the 5th East Asia Summit and
the 17th ASEAN summit.
(E) None of these

1.C 2.B 3. A 4.A 5. E 6. D 7.B 8.B 9.C 10.A 11.A 12.A 13D 14B 15E 16C 17A 18E 19E 20B 21C 22D 23A 24B 25C 26D 27D 28D 29C 30D 31B 32A 33B 34C 35C 36C 37B 38E 39C 40B 41C 42B 43C 44D 45A 46E 47A 48B 49D 50E








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